This is still a SHORT if there ever was one! Here is the Daily; The most likely scenario.
GER30 - Intraday - We look to Sell a break of 13988 (stop at 14066) Daily signals for sentiment are at overbought extremes. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. A higher correction is expected. A move through 14000 will confirm the bearish momentum. Our profit targets will be 13706 and 13616...
On the Dax H4 chart we can see RSI divergence, all time high price, and the price touched the uptrend channel top, so we can wait a short term correction to around 13500. I recommend to open short position on market price, take TP around 13500, and SL around 14300. Trade at your own risk. Please don't forget to like, follow, and comment, if you like my analysis.
Tp 14050 Sl 14190 price chart with gaps almost every day is typical for very thinly-traded securities and should be avoided. Prices often gap up or down at market open, but the gap does not last until the market closes. Such temporary intraday gaps should not be considered as having any more significance than normal market volatility.
We are seeing an slight relief in Coronavirus numbers now so the outlook for next week is still bullish as I see it, but as I see a real risk for the slowing of the january christmas and NYE spike from uk variant there very well could be a new spike of numbers coming in February. On a TA Level I see the dax being at resistance having been strongly supported by the...
Our updated DAX chart. As the chart imposes a major support is being tested after the asset's failure to rise higher. Eurozone is in trouble with France showing weekness and this might cause all European indices a correction. Italy and Spain as well as the rest of the PIGs are hustling with lockdowns. Could this be the time to click on the Sell button? We will...
Welcome to dax 30 chart . Please red the chart carefully to my next upcoming short position on dax . Risk reward ratio average 2.5. Thank you
With all vaccine turbulences (how many doses can each country get, bureaucracy and so on) and covid19 cases going up in Germany (lockdown already updated until January 31), could we expect the formation of a H&S pattern by the end of next week? Also, Deutsche Bank is insanely overvalued at 9.530€.
DE30EUR 2021 Jan 11 Week Red/green zones = preferred trade areas. We see a strong rejection at A, notice the bar closing at the bottom third of the bar. The bar after intermediate support at B went up on low volume, likely a mark up bar Some reduction in volume as price makes new high, keep stops tight if on long position / protect profits. Possible...
GER30 - Intraday - We look to Sell a break of 13854 (stop at 13931) We are trading at overbought extremes. A higher correction is expected. A break of 13850 is needed to confirm follow through negative momentum. With signals for sentiment at overbought extremes, the rally could not be extended. allies should be capped by yesterday's high. The RSI is trending...
Stable under Yellow zone will get SELL ENTRY point = 13700 Blu line = TP Red line = SL
AS FEAR RAVAGES THROUGH EUROPE, VACCINE BUEARUCARY failed negotiations and a complex slow moving web of Europes slow adabpting bureaucracy to the virus and returning to the " This is Europe i can travel anywhere" days.
GER30 - Intraday - We look to Sell a break of 13759 (stop at 13831) We are trading at overbought extremes. A higher correction is expected. A break of 13770 is needed to confirm follow through negative momentum. With signals for sentiment at overbought extremes, the rally could not be extended. Our profit targets will be 13543 and 13413 Resistance: 13900 /...
this is a short as in it really near all time high and soon going to break because of global reasoner that are going in the upcoming time. in a bigger picture it is following a very high push upwards so might as well go for another high records but it closely follows Dow. the new York exchange and hence can be highly volatile due to the pandemic . overall many...
Again the same pattern on the DAX as in Octobers crash
There is no secret that we all have good and BAD trades. Dax was my BAD trade last month.. Tried to get it once, tried to get it twice, it was just not listening to me. So what do we do in these cases? What is the secret to surviving in the markets? Well the answer to both questions is ' FORGET ABOUT THAT ASSET FOR A WHILE' and trade something else. Pick an...